Global retailers gear up for Indian entry

PricewaterhouseCoopers, in its report, has said FDI in retail is likely to create eight million new jobs and benefit almost 72% of the Indian populace. Organised retail makes up only for a mere three per cent, or Rs 28,000 crore of the overall industry while its share is forecast to grow to 8-10 per cent in the next five years. Hope the Left Parties are hearing this!